Recently, the Ethereum (ETH) market has attracted widespread follow from investors. The significant fall on August 14 indeed made many investors feel uneasy, but this may signal a greater opportunity.



From a technical analysis perspective, the weekly chart of ETH shows that it has reached the key range of 4050-4200. If it can maintain above this level this week, it may be a good opportunity to gradually build a position.

However, the market direction is not solely influenced by technical factors. Global financial policies, especially the Federal Reserve's stance, have a significant impact on the cryptocurrency market. The upcoming speech by Powell may provide important clues for the interest rate decision in September, whether it be dovish or hawkish signals, will have a profound effect on the market.

For investors, it is crucial to remain calm and rational. Market fluctuations are the norm; the key is to manage risks effectively and allocate positions wisely. Do not miss long-term opportunities due to short-term volatility, and also operate cautiously to avoid excessive risk.

Currently, closely following market trends, understanding changes in the global economic environment, and formulating investment strategies based on professional analysis will be a wise move to cope with the current market uncertainties. Regardless of how the market changes, maintaining a learning and adaptive attitude is essential to find a foothold in this market full of opportunities and challenges.
ETH9.64%
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SeeYouInFourYearsvip
· 23h ago
Eating noodles is really frustrating, now Build a Position.
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SocialFiQueenvip
· 23h ago
play people for suckers it... play people for suckers it... play people for suckers finished?
View OriginalReply0
PositionPhobiavip
· 23h ago
Cut Loss has become routine.
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NotGonnaMakeItvip
· 23h ago
Who cares what Powell says? Just hold on tight and that's it.
View OriginalReply0
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